Search found 5182 matches

by Fallible
Thu Apr 28, 2016 5:22 pm
Forum: Personal Consumer Issues
Topic: What's become of Consumer Reports?
Replies: 44
Views: 2981

Re: What's become of Consumer Reports?

Peter Foley wrote:?.. The "Money" section they added a few years ago was really, really, basic stuff. ...

I stopped the "Money" newsletter years ago, about the time I joined the Bogleheads. :happy It was very good, but for a Boglehead, just not enough was new.
by Fallible
Thu Apr 28, 2016 4:57 pm
Forum: Personal Consumer Issues
Topic: What's become of Consumer Reports?
Replies: 44
Views: 2981

Re: What's become of Consumer Reports?

I stopped subscribing years ago mainly because there are so many other online sources. But I always check CR articles/ratings when making major purchases. In the last several years, with CR help, I've purchased a water heater, air conditioner, and fridge and all are doing fine. I wouldn't ignore CR ...
by Fallible
Sat Apr 23, 2016 10:09 am
Forum: Investing - Theory, News & General
Topic: Determine risk tolerance
Replies: 19
Views: 1079

Re: Determine risk tolerance

Welcome to the forum! Two excellent books on risk tolerance are All About Asset Allocation , 2nd ed., by Boglehead pro Rick Ferri, and Your Money & Your Brain by WSJ columnist Jason Zweig. Also read Larry Swedroe's blogs on need, ability, and willingness to take risk, with willingness referring ...
by Fallible
Fri Apr 22, 2016 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Service to simplify brokerage statements for mom?
Replies: 12
Views: 789

Re: Service to simplify brokerage statements for mom?

My elderly mother's investments are managed by a Royal Alliance broker. My mom suffers from moderate cognitive impairment and she finds the Royal Alliance monthly statements to be very confusing; because she can't understand the statements, she becomes worried and suspicious about her investments. ...
by Fallible
Tue Apr 19, 2016 11:40 am
Forum: Personal Consumer Issues
Topic: How To Stay Motivated in Employment When You Might Have Enough?
Replies: 71
Views: 7718

Re: How To Stay Motivated in Employment When You Might Have Enough?

Thanks to all who have responded. A few follow-up comments: What do you want to be doing? Honestly, I have absolutely no idea what it is that I want to do anymore. If pressed, I'd admit that I would like to sleep more. I would like to grow some vegetables and tend to a flower garden (although I hav...
by Fallible
Mon Apr 18, 2016 5:39 pm
Forum: Personal Consumer Issues
Topic: How To Stay Motivated in Employment When You Might Have Enough?
Replies: 71
Views: 7718

Re: How To Stay Motivated in Employment When You Might Have Enough?

It is a simple question really: If you have---or you think that you have---enough (whatever that amount may be), how do you stay motivated to keep working? Or should you even keep working? ...? You are misapplying "enough." It's not about the money you do have enough of, but the personal ...
by Fallible
Fri Apr 15, 2016 2:39 pm
Forum: Investing - Theory, News & General
Topic: "Hard Truths For Investors To Wrap Their Heads Around"
Replies: 23
Views: 3305

Re: "Hard Truths For Investors To Wrap Their Heads Around"

Thanks, Taylor. More important perspective from Morgan Housel, although I found many examples easy to believe, especially the FEES. :annoyed
by Fallible
Fri Apr 15, 2016 12:35 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 1531
Views: 333790

Re: What Book Are You Currently Reading? Part VI

Just started Strangers On A Bridge, the 1964 book by James Donovan on which the 2015 movie, Bridge of Spies, is based and it's excellent so far with good, straightforward writing. Decided to read the book after seeing the movie, also excellent.
by Fallible
Thu Apr 14, 2016 8:45 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1559
Views: 315702

Re: What Movie Have You Recently Watched?

Bridge of Spies and it was Rylance and Hanks, Hanks and Rylance throughout, great acting. And, of course, Spielberg and the Coen brothers and it was fun picking out the Coens' comic touches.
by Fallible
Wed Apr 13, 2016 4:36 pm
Forum: Investing - Theory, News & General
Topic: "The Four Pillars of Investing" is one of today's Kindle daily deals
Replies: 11
Views: 1930

Re: "The Four Pillars of Investing" is one of today's Kindle daily deals

ramonsito wrote:I love buying great books at bargain prices - thanks for the tip.


And this is one of the best examples of a great book at a bargain price. :thumbsup
by Fallible
Mon Apr 11, 2016 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: IEX and Flash Boys
Replies: 2
Views: 438

Re: IEX and Flash Boys

Here's an interesting update from the NYT on IEX, which was written about so well in Lewis's book. They say imitation is the sincerest form of flattery, but is the nation’s top securities cop letting the New York Stock Exchange carry that a bit too far? Consider Investors Exchange, creator of a new ...
by Fallible
Fri Apr 08, 2016 6:16 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads too conservative?
Replies: 135
Views: 12810

Re: Are Bogleheads too conservative?

azanon wrote:[...They conduct polls on it all the time here on the forum. It's about 70%. And there are plenty of older bogleheads that stay concentrated in stocks. ...


Just to note that the polls ended last year.
viewtopic.php?t=164952
by Fallible
Fri Apr 08, 2016 11:43 am
Forum: Investing - Theory, News & General
Topic: Retirement
Replies: 32
Views: 2864

Re: Retirement

I am only 31 yrs. old so retirement for me is still a ways away. I was curious if you've ever met a person that simply does not want to retire b/c they love their job so much? Is this normal? ... If they work late in life out of love for their work, it would seem to be normal for them. Some people ...
by Fallible
Fri Apr 08, 2016 10:57 am
Forum: Investing - Theory, News & General
Topic: Are Bogleheads too conservative?
Replies: 135
Views: 12810

Re: Are Bogleheads too conservative?

... By definition, BH are investors, which by definition makes us more aggressive - even with a high percentage of bonds - than the majority of the population who still just do simple savings. They don't think about investing and will never enter the equity/bond markets in any way, even opting out ...
by Fallible
Thu Apr 07, 2016 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement help for an uncle
Replies: 16
Views: 1551

Re: Retirement help for an uncle

Thanks for all of the replies. I already told him to not really let anyone know. I'm not sure its a good sign he told me. I haven't been able to get any more info out of him. Some of that may be the doctor appts but he is also pretty flaky in general. There is a chance he may just not have been int...
by Fallible
Thu Apr 07, 2016 3:29 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads too conservative?
Replies: 135
Views: 12810

Re: Are Bogleheads too conservative?

we had 6 figures saved in 2008, and I lost my job the same time that the market tanked. So I'm battle-tested.) Are you sure you are remembering how you felt during that time? Or how you feel now, looking back? Did you REALLY have to fight the urge to go 100% stocks as the market tanked 30%, then co...
by Fallible
Tue Apr 05, 2016 3:43 pm
Forum: Investing - Theory, News & General
Topic: "Simple vs. Complex"
Replies: 12
Views: 1827

Re: "Simple vs. Complex"

Thanks for an excellent article, Taylor. I'm thinking the quote below from it could apply on another current forum thread, "Are Bogleheads too conservative?" - implying too simple and therefore missing out on bigger returns from more complex investments. If you opt for the simplicity path ...
by Fallible
Tue Apr 05, 2016 2:16 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads too conservative?
Replies: 135
Views: 12810

Re: Are Bogleheads too conservative?

I suspect many of these authors also have visions of managing these portfolios for us as they become more complex. Yes, there is the sound of active management in the words of those "authors" the OP refers to, which is why John Bogle is not part of that group. Active managers will always ...
by Fallible
Tue Apr 05, 2016 10:05 am
Forum: Investing - Theory, News & General
Topic: Are Bogleheads too conservative?
Replies: 135
Views: 12810

Re: Are Bogleheads too conservative?

... Are we being too conservative with a classic portfolio? Is Total Bond Market much too safe with little growth to offer?... What's important is not a conservative, radical, or something-in-between portfolio, but a portfolio that is right for an individual investor's goals, age, financial, and em...
by Fallible
Mon Apr 04, 2016 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement help for an uncle
Replies: 16
Views: 1551

Re: Retirement help for an uncle

Was the settlement recent and where is the money now? I hope he will agree to provide the many financial details that you will need to properly help him and that we will need to help you.
by Fallible
Mon Apr 04, 2016 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Do I hire a Certified Financial Planner
Replies: 6
Views: 609

Re: Do I hire a Certified Financial Planner

I have $2000 a month I can invest and determined to retire in 16 yrs. or earlier aligned with 6 pensions; 1 military, 3 GE pension, 2 SSA plus two 401Ks current value $40K . Undecided about investing my $2000 in index funds or hiring a CFP @ 1% of my investments to manage my money. I want to invest...
by Fallible
Mon Apr 04, 2016 11:10 am
Forum: Investing - Theory, News & General
Topic: Things I'm Pretty Sure About
Replies: 22
Views: 4151

Re: Things I'm Pretty Sure About

No. It is not that investing is hard in a world of index funds. The industry (which is only about making money) must maintain the illusion that it is hard. If you can advance this fiction, then lots of clients will pay for your yacht and send your kids to college. The industry knows that indexing w...
by Fallible
Sun Apr 03, 2016 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving a LBYM lifestyle ["Living Below" to "Living At" Your Means]
Replies: 54
Views: 6364

Re: Leaving a LBYM lifestyle

Assuming B = Below, has anyone done this and been happier? I ask because I have a specific decision to make that would take me out of my current LBYM lifestyle and move me towards a more LAYM (A = At) lifestyle. I can provide more details in case anyone is interested but I wanted to see how often t...
by Fallible
Sun Apr 03, 2016 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Father wants me to invest 15,000 for him.....
Replies: 23
Views: 2297

Re: Father wants me to invest 15,000 for him.....

JMacDonald wrote:When will he need this money? That should determine the appropriate investment.


This and how much he can afford to lose, which all gets back to our needing to know much more about his overall financial capacity and goals.
by Fallible
Sat Apr 02, 2016 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: How to start non profit pet rescue
Replies: 15
Views: 1133

Re: How to start non profit pet rescue

Anyone have any advice on where to start? I am currently working and will retire in 10 years. In the meantime, I want develop a business plan for a non-profit no kill pet rescue. I have rich donors lined up, so initial funding will be ready to go. I just don't know where to start. I would like to s...
by Fallible
Sat Apr 02, 2016 1:20 pm
Forum: Investing - Theory, News & General
Topic: Things I'm Pretty Sure About
Replies: 22
Views: 4151

Re: Things I'm Pretty Sure About

Indeed, wise beyond his years for seeing the human nature behind the money and putting it in perspective. Thanks for the post.
by Fallible
Fri Apr 01, 2016 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord requiring copies of SSN
Replies: 73
Views: 4502

Re: Landlord requiring copies of SSN

From nolo.com on landlord rights: http://www.nolo.com/legal-encyclopedia/free-books/renters-rights-book/chapter1-2.html "Landlords may also legally ask you for your Social Security and driver’s license numbers and (except in New York and California) for proof of your legal residency in the Unit...
by Fallible
Fri Apr 01, 2016 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord requiring copies of SSN
Replies: 73
Views: 4502

Re: Landlord requiring copies of SSN

Delete redundancy.
by Fallible
Fri Apr 01, 2016 2:59 pm
Forum: Investing - Theory, News & General
Topic: What if your money in Vanguard disappeared one day??
Replies: 44
Views: 5945

Re: What if your money in Vanguard disappeared one day??

There are two layers of risk here. At Vanguard, or at other firms that are both mutual fund companies and brokerages, it's complicated. It's easier if you think about holding shares of one mutual fund, maybe Vanguard Total Stock, at some obviously different brokerage, maybe Scottrade. 1) The job of...
by Fallible
Thu Mar 31, 2016 4:06 pm
Forum: Personal Consumer Issues
Topic: Name one good, Name one bad thing YOU experienced [that saved money]
Replies: 37
Views: 2935

Re: Name one good, Name one bad thing YOU experienced

Fieldsy1024 wrote:Name one thing you have done that increased your Money/Saving. ...


Sounds as if you're talking frugality and there are many threads on it, including:
viewtopic.php?t=36680
by Fallible
Tue Mar 29, 2016 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Moving elderly parents' EJ acct to Vanguard
Replies: 5
Views: 697

Re: Moving elderly parents' EJ acct to Vanguard

You are probably right about the reasons for their new advisor. I agree you should begin with a call to Vanguard. Also, what kind of annuity does your mother have?
by Fallible
Mon Mar 28, 2016 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Unwanted cold call from Mass Mutual agent
Replies: 45
Views: 3256

Re: Unwanted cold call from Mass Mutual agent

jpelder wrote:Give 'em the Seinfeld treatment:

https://youtu.be/hllDWSbuDsQ


Ha! I forgot about this scene. I may try it next time I get a sales call.
by Fallible
Mon Mar 28, 2016 2:43 pm
Forum: Investing - Theory, News & General
Topic: It's all about saving, not investing really.
Replies: 84
Views: 7700

Re: It's all about saving, not investing reall

So I've come to the conclusion that investing money properly is only a small part of the equation to early retirement. I read so many posts by people wanting to retire early so they go 70%->100% on equities thinking that's the major component to building a nest egg. Correct me if I'm wrong, but eve...
by Fallible
Sun Mar 27, 2016 9:24 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1559
Views: 315702

Re: What Movie Have You Recently Watched?

Zootropolis It's a Disney film, and doesn't quite reach the genius of Monsters Inc, or The Incredibles or Wall-E -- they haven't fully ingested the Pixar DNA. The product placement is suitably obvious, of course. ... Valuethinker: Could I ask whether you saw Pixar's Inside Out and what you thought ...
by Fallible
Sun Mar 27, 2016 6:39 pm
Forum: Personal Consumer Issues
Topic: [Recommend book(s) on] Critical thinking, suggestion please?
Replies: 42
Views: 3191

Re: [Recommend book(s) on] Critical thinking, suggestion please?

The best method to advance your critical thinking is the study of the maths and sciences. The reason for this is: - Quantifiable right/wrong answers in most of the core aspects of these fields, esp at the earlier levels. - Highly studied, highly established field, with numerous professionals having...
by Fallible
Sun Mar 27, 2016 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: The Urge to Splurge with Plastic NYT article
Replies: 30
Views: 2648

Re: The Urge to Splurge with Plastic NYT article

I think it's well documented that people spend more with a card. The only question is how much more, and I'm not aware of any study or research on that.
by Fallible
Sun Mar 27, 2016 11:59 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1559
Views: 315702

Re: What Movie Have You Recently Watched?

Zootropolis It's a Disney film, and doesn't quite reach the genius of Monsters Inc, or The Incredibles or Wall-E -- they haven't fully ingested the Pixar DNA. The product placement is suitably obvious, of course. ... Valuethinker: Could I ask whether you saw Pixar's Inside Out and what you thought ...
by Fallible
Sat Mar 26, 2016 8:15 pm
Forum: Local Chapters and Bogleheads Community
Topic: Suggestions for the Wiki
Replies: 341
Views: 164497

Re: Suggestions for the Wiki

LadyGeek wrote:In "Mitigating the Risks of Cognitive Decline", Ever Ready is suggesting this would be a good wiki topic.


It seems to be an increasingly frequent topic on the forum and could be a topic under the wiki's "Retirement Planning."
by Fallible
Sat Mar 26, 2016 8:06 pm
Forum: Investing - Theory, News & General
Topic: "Mitigating the Risks of Cognitive Decline"
Replies: 45
Views: 4926

Re: "Mitigating the Risks of Cognitive Decline"

Just slightly off-topic, however, have many Bogleheads heard about &/or considered participating in the A4 Study? Check it out here: http://a4study.org/about/ Much has been written about the study. One article that focuses on what could be considered a drawback for participants is from the Wash...
by Fallible
Thu Mar 24, 2016 5:31 pm
Forum: Investing - Theory, News & General
Topic: Annuity Rate Watch
Replies: 7
Views: 890

Re: Annuity Rate Watch

Anyone familiar with Annuity Rate Watch? I was looking for SPIA rates, but couldn't find them, but I did discover MYGAs (Multi-Year Guaranteed Annuities). I haven't seen those discussed on the board. These appear to be pretty straight forward, but I really haven't checked enough. http://www.annuity...
by Fallible
Thu Mar 24, 2016 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Improving Employee Morale
Replies: 44
Views: 3535

Re: Improving Employee Morale

... I work for an agency where the work is not necessarily stressful, but the volume of work is substantial and continuous. The work keeps coming in, demands for performance are high, and we have lost our best staff through promotions over the last year. It takes about a year for new hires to be fu...
by Fallible
Thu Mar 24, 2016 6:43 am
Forum: Investing - Theory, News & General
Topic: Stock Market Terminology....please explain the most important terms to a novice please
Replies: 14
Views: 1067

Re: Stock Market Terminology....please explain the most important terms to a novice please

tytytyty Honestly, I used to just invest in stocks that dropped a lot and the price was cheap. I'd let it go for a while until it was just moving steady (up, down, up, down) and get out of it. Now I have learned to stay with it. Is looking at the price history and what it is now a decent indicator ...
by Fallible
Wed Mar 23, 2016 9:35 pm
Forum: Investing - Theory, News & General
Topic: Stock Market Terminology....please explain the most important terms to a novice please
Replies: 14
Views: 1067

Re: Stock Market Terminology....please explain the most important terms to a novice please

Here is Jason Zweig's dictionary of important terms: http://www.jasonzweig.com/dictionary/ Darn, you beat me to it. :twisted: Actually, some of those definitions are the real thing before he gets devilish. And then there's the definition of a day trader: "See Idiot." Definition of an Idio...
by Fallible
Tue Mar 22, 2016 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Highest expected return portfolio question
Replies: 26
Views: 1480

Re: Highest expected return portfolio question

Thanks, makes sense. I think right now I feel okay about taking large amounts of risk. If I had already built up say, a seven figure portfolio, then I think I would shift to a more conservative asset allocation. So for example, say at the end of the year I have a £100k portfolio, losing £50k would ...
by Fallible
Tue Mar 22, 2016 12:13 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1559
Views: 315702

Re: What Movie Have You Recently Watched?

"The Martian." A most beautiful line spoken perfectly: "Hey there." And its repeat toward the end could've been an appropriate ending.
by Fallible
Tue Mar 22, 2016 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Highest expected return portfolio question
Replies: 26
Views: 1480

Re: Highest expected return portfolio question

Thanks Taco. Yeah, I think that looks odd. Ideally, something like, long duration AA-AAA rated international treasuries hedged against GBP would be the go to, to balance out International/all world stocks hedged GBP. But I can't find an ETF that does that in the UK. Basically, the bond portion of t...
by Fallible
Mon Mar 21, 2016 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: I don't have anyone else to brag about this to [debt free]
Replies: 77
Views: 7556

Re: I don't have anyone else to brag about this to

If the mods want to delete, they can but I just had to brag to someone and I can't really do it in my circle of friends and I really don't have any family left to brag to, so here it goes. As of COB on last Friday, I am completely debt free. Completely. I called my bank this afternoon and the debt ...
by Fallible
Mon Mar 21, 2016 1:19 pm
Forum: Investing - Theory, News & General
Topic: How can we see if stock markets are about to crash?
Replies: 52
Views: 3873

Re: How can we see if stock markets are about to crash?

Look up Didier Sornette's work.... Very serious academic He tracks bubbles and predicts crash dates and I think crash severity... My very general take is his bubble definition is too liberal but I like his work (don't understand all his math either) Did he predict the severity of '08 financial cris...
by Fallible
Mon Mar 21, 2016 12:07 pm
Forum: Investing - Theory, News & General
Topic: How can we see if stock markets are about to crash?
Replies: 52
Views: 3873

Re: How can we see if stock markets are about to crash?

Greenway wrote:What indicators do you personally track to identify when market is about to crash? What advice can you provide to understand market conjuncture better?


Read books like Irrational Exuberance. Use common sense: could housing prices really just keep going up?
by Fallible
Sun Mar 20, 2016 2:51 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1559
Views: 315702

Re: What Movie Have You Recently Watched?

I wanted to watch the Big Short last night, but the wife was not enthusiastic, so we watch Brooklyn. ... I will watch the big Short sometime she is not watching tv with me. I can see why if you are not into business/financial chaos, she would not be interested . Dan999 "Business/financial chao...

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